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Cash Buyers

Flat in PO37 South East - Apartment

£ 94,950

Added: 07/10/2025

Key info

2Bedrooms

1Bathrooms

0 sqmSize

Property description

Strategy: Cash Buyers

Located on the outskirts of Shanklin, this inviting first-floor flat is perfect for those seeking a comfortable and convenient living space. This delightful property features two bedrooms, making it an ideal choice for couples or individuals looking for extra room.

The flat boasts a lounge/diner and separate kitchen, providing a welcoming area for relaxation and entertainment. Natural light floods the space, creating a warm and inviting atmosphere. The flat would benefit from the kitchen being updated.

The notable advantages of this property are the private garden and allocated parking for one vehicle, a valuable asset in this popular area. Residents can enjoy the ease of access to local amenities, including shops, cafes, and beautiful beaches, all within a short distance.

This flat offers the perfect blend of comfort and convenience in a convenient setting. The current lease has a remaining term of 49 years, meaning the flat is only suitable for CASH BUYERS. We understand the lease can be extended at a cost of approximately £25,000 plus legal fees.

Entrance Hall -

Lounge/Diner - 3.53m x 3.18m (11'7 x 10'5) -

Kitchen - 2.67m x 2.11m (8'9 x 6'11) -

Bedroom 1 - 3.20m x 2.59m (10'6 x 8'6) -

Bedroom 2 - 3.53m max x 2.11m (11'7 max x 6'11) -

Bathroom - 1.93m x 1.65m (6'4 x 5'5) -

Outside - To the rear of the property there is an enclosed garden laid mainly to lawn. There is an allocated parking space in the adjacent car park.

Lease Information - Lease Term - 49 years remaining. The lease can be extended at a cost of approximately £25,000 plus legal costs.
Service Charge - £447.47 per annum
Ground Rent - £50 per annum

Services - Unconfirmed: electric, telephone, mains water and drainage.

Council Tax - Band A - Please contact The Isle of Wight Council on .

Agents Notes - Our particulars are designed to give a fair description of the property, but if there is any point of special importance to you we will be pleased to check the information for you. None of the appliances or services have been tested, should you require to have tests carried out, we will be happy to arrange this for you. Nothing in these particulars is intended to indicate that any carpets or curtains, furnishings or fittings, electrical goods (whether wired in or not), gas fires or light fitments, or any other fixtures not expressly included, are part of the property offered for sale.

Sourced reference: 166930907

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Sales Agent

The Wright Estate Agency

Shanklin

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Location

Disclaimer

Sourced endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and are not to be relied as statements of representation or fact. The selling agent may or may not be the sole agent and will provide confirmation upon request. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency given. All measurements have been taken as a guide and are not precise, please be aware some of the details may be waiting vendor approval. If you require confirmation or further information, please contact the selling agent. Fixtures and fittings are to be confirmed with the seller and not relied upon when listed. Sourced are not responsible for any loss of monies due to the purchase or purchase process with any property listed.

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Sales Agent

The Wright Estate Agency

Shanklin

Smart support to move your deal forward

Fund it right

Explore investor friendly mortgages and funding options tailored to your goals.

Find Finance

Line up management

Find a trusted property management company to help keep your investment running smoothly.

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